ASSA ABLOY has acquired Uhlmann & Zacher GmbH, a leading company for electronic locking systems. The company is based in Waldbüttelbrunn near Würzburg, Germany, and has over 110 employees.
This acquisition strengthens ASSA ABLOY's position as a leading provider of locking solutions and security systems for doors.
"I am very pleased to welcome Uhlmann & Zacher. The company stands for top performance, products that fit well with our portfolio and extensive experience in the market for innovative electronic locking systems," says Achim Haberstock, SVP & Head of Central Europe ASSA ABLOY. “With the acquisition of Uhlmann & Zacher, ASSA ABLOY is strengthening its product offering in Germany and the DACH region.”
The management of Uhlmann & Zacher considers the integration into the world's leading manufacturer and supplier of locking solutions and security systems as a positive step into the future. "Uhlmann & Zacher and ASSA ABLOY already have a lot in common. With ASSA ABLOY, new markets and new sales opportunities are opening up for Uhlmann & Zacher," explains managing director Martin Uhlmann. "By becoming part of the ASSA ABLOY Group, we have the opportunity to utilise the strengths of both companies and to improve our service to our customers. In addition, we are also creating more resources and opportunities for our employees in the longer term, " adds Dr Marc Zacher, managing director of Uhlmann & Zacher.
Uhlmann & Zacher will continue to operate as an independent division under the existing management team and employees, to whom the company owes its current success. As a result, the acquisition will have no negative impact on existing employees and the location in Waldbüttelbrunn, Germany will remain unchanged.
Wendelstein advised the shareholders of Uhlmann & Zacher comprehensively. The team included partners Nikolaus Hofstetter (Lead, M&A/Corporate) and Dr Daniel-Müller Etienne (Tax), counsel Vanessa Trixi David (Real Estate), senior associate Maximilian Ried (M&A/Corporate) as well as associates Michele Stephan (M&A/Corporate), Dr Katharina Pichler (Tax), Victoria Ehrensperger, and Judith Piperek (both Real Estate).
Wendelstein has involved Blomstein (partner Dr Anna Blume Huttenlauch and counsel Dr Elisa Theresa Hauch) for questions of antitrust law and BluePort Legal (partner Nora Keßler and salary partner Christoph Palzer) for questions of IP and IT law as well as Dr Jens Jensen for matters of employment law.
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 61,000 employees and sales of 12.3 billion euros. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY's innovations enable safe, secure and convenient access to physical and digital places.
ASSA ABLOY was advised by Clifford Chance (Lead partner Dr Moritz Petersen, Frankfurt am Main, Germany, M&A/Corporate) and Luther (Lead partner Dr Holger Stappert, Düsseldorf, Germany, Antitrust Law).
Wendelstein is an independent law firm based in Frankfurt am Main, Germany. We advise on the core areas of commercial law, with a particular focus on M&A/Corporate as well as Dispute Resolution. Our lawyers stand for outstanding legal quality and service orientation. Further information can be found at www.wendelstein.com.